Malta
is becoming a popular choice amongst online gambling operators, as another two betting
companies were granted licenses. InterCasino
and InterPoker’s new gaming licenses in Malta, is a clear sign of the
island’s move to solidify its position in the online gambling industry, Online
Bingo reported.
Online Bingo added that Malta has proved popular with
online gambling operators, including online bingo hall operators, because it
rests within the European Economic Area. Malta’s
reduced tax rates cut to 2.5% makes it a popular choice
as opposed to UK
tax rate of 15% of gross profits.
"InterCasino and InterPoker chose to relocate their
servers to Malta due to the country's progressive policy in online gaming
regulation, and because of the operational advantages across Europe that an online
gaming license within the EU affords," a company spokesman for the two
latest licensees said.
"It has already been recognised by the United Kingdom that InterCasino and InterPoker's
Maltese license places these companies on a white-list of compliant operators
allowed to advertise within the UK."
Gaming companies in the United Kingdom have flocked to Malta ahead of the introduction of
the UK Gambling Act 2005 on September 1. The UK’s new Gambling Act only
allows bingo online from those jurisdictions that are on the white list. Many online bingo providers from Antigua have been now restricted by the recently
introduced Act.
